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32120 NICHOLS LN Cottage Grove, OR $ 550,000
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$ 550,000 Get more info
32120 NICHOLS LN
$ 550,000
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Share Save

32120 NICHOLS LN

Cottage Grove, OR, 97424
$ 550,000
Bedrooms9 Baths6.0

Monthly Estimate*

$ 3,431

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Multi-Family Home for sale in Cottage Grove, OR

for $550,000 with 9 bedrooms and 6 full baths. This home was built in 2001 on a lot size of 2.2.

Investment Opportunity!! Over 2 Acres! Should be dividable into two legal lots. Currently there are 4 separate addresses: 32144,32146,32142 and 32120 Nichols. 2001 Marlette MH was moved to this site. Includes old house, decent single wide MH and old MH of little value. Property has one Well and 4 Septic tanks. Selling "as is" Only. Need some TLC. Maybe replace old house and MH. Rental income is $4,550. Seller wants cash only.

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Multi-Family Active

Price

$ 550,000

Bedrooms

9

Full Bath

6

Property Type

Multi-Family

Taxes

$ 695

Style

Lot Size

2.2

Year Built

2001

Town/City

Cottage Grove

County/Region

Lane

MLS | Web ID

22112604
Features
General
Sewer SepticTank
Heating ForcedAir
Roof Composition
Zoning RR5
Year Built 2001
Stories Count 1
Tax Year 2021
Parcel Number 4259451
Gross Income 53400.0
County Lane
Net Operating Income 0
Operating Expense 0
Property Type MultiFamily
HOA N
Rent Includes Sewer Water
Status Active
Directions S 6th to London Rd to Nichols Lane
High School Cottage Grove
City CottageGrove
Number Of Units Total 4
MLS Area _235
Lot Size Square Feet 95832.0
Listing Terms Cash OwnerWillCarry
Elementary School Harrison
Tax Annual Amount 695.5
Middle/Junior High School Lincoln
Property Condition Existing
Standard Status Active
Accessory Dwelling Unit Y/N N
Legal Description 21 03W080005800
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Interior
Basement CrawlSpace
Storage Garage
Hot Water Electricity
Unit 1 Baths Total 2
Unit 1 Beds Total 3
Unit 2 Baths Total 1
Unit 2 Beds Total 1
Unit 3 Baths Total 1
Unit 3 Beds Total 2
Unit 4 Baths Total 2
Unit 4 Beds Total 3
Unit Type UnitTypeType1 UnitTypeType2 UnitTypeType3 UnitTypeType4
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Exterior
Parking Features Detached Garage
Lot Features Level PublicRoad
Water Source Well
Exterior Description Aluminum T111Siding WoodSiding
Foundation Details Skirting
Lot Size Acres 2.2
Road Surface Type Gravel
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Internal Only
Street Number 1 32120
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* Excluded Features
List By
H & H Real Estate

Broker

dave@hemenways.com

Email

Affordability Calculator

$3,489
Per Month
98%
2%
0%
Monthly Principal & Interest
$3,431
Monthly Property Taxes
$58
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1951018 Elementary School
1949237 Middle School
Cottage Grove High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/11/2025$475,000 Listed Price

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32120 NICHOLS LN, Cottage Grove, OR, 97424 is a Multi-Family Home for sale at $550,000 with a lot size of 2.2. 32120 NICHOLS LN has 9 bedrooms, 6.0 baths, and was built in 2001. The property's zip code is 97424 which is in Cottage Grove, OR

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